ABV advanced braking technology ltd

>50% control in hands of 2 investors

  1. 129 Posts.
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    Anyone else notice the steady creep in ownership by Keith Knowles? He now owns 32.6% of ABV, which when combined with David Slack’s 18.24% means these two shareholders now control more than 50% of ABV’s share register.

    I’m not sure whether I should take comfort in such a massive concentration of control by assuming that they have done their homework and are certain they are on a winner, or be concerned over a possible move to privatise ABV and have my shares compulsory acquired, or be concerned over the overhang as those two shareholders have no chance of reducing their shareholding [if ABV’s prospects were to deteriorate] without trashing the share price.

    Interested in other thoughts on this concentration of ownership.
 
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(20min delay)
Last
9.2¢
Change
-0.001(1.08%)
Mkt cap ! $36.60M
Open High Low Value Volume
9.2¢ 9.2¢ 9.0¢ $14.78K 162.2K

Buyers (Bids)

No. Vol. Price($)
1 15000 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.3¢ 313690 1
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
ABV (ASX) Chart
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